KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Wyoming

HB0130 • 2025

Homeowner tax exemption-amendments.

AN ACT relating to taxation; establishing a homeowner property tax exemption; providing a sunset date; requiring rulemaking; repealing prior appropriations and reverting funds to the general fund; providing an appropriation; and providing for an effective date.

Budget Taxes
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representative Heiner
Last action
2025-02-10
Official status
inactive
Effective date
3/1/2025

Plain English Breakdown

The bill did not pass in its current session.

Homeowner Tax Exemption Act

This act establishes a homeowner property tax exemption for primary residences in Wyoming and sets rules for its implementation.

What This Bill Does

  • Establishes a new property tax exemption of up to $100,000 (50% of the first $200,000) for single family residential properties used as primary residences.
  • Requires county treasurers to report reductions in tax revenues due to this exemption and allows the state department to distribute funds to compensate government entities for lost revenue.
  • Limits the exemption to apply only until 2027 (tax year ending December 31, 2027).
  • Repeals previous appropriations related to similar exemptions and sets a new appropriation of $176 million from the general fund to cover losses due to this new exemption.
  • Requires rulemaking by the department for application procedures.

Who It Names or Affects

  • Homeowners who use their single family residential property as a primary residence in Wyoming.
  • Government entities that lose tax revenue due to the exemption.
  • County treasurers and assessors responsible for reporting and distributing funds related to the exemption.

Terms To Know

Primary Residence
A single family residential property where a person lives for at least eight months of the year, with exceptions for active duty military members.
Single Family Residential Property
A structure intended for human habitation, such as a house, modular home, mobile home, townhouse or condominium that is privately owned and used as a single family dwelling unit.

Limits and Unknowns

  • The exemption will not apply after the tax year ending December 31, 2027.
  • Funding for compensation of lost revenue ends on June 30, 2027.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0130HS001

Standing Committee • House Revenue Committee

Filed

Plain English: The amendment changes the timeline for a homeowner property tax exemption and adds conditions under which someone can receive the exemption.

  • Removes language that reverts funds to the general fund.
  • Changes the start date of the exemption for single family residential properties, beginning January 1, 2025 for 2025 taxes and January 1, 2026 for 2026 taxes.
  • Adds a condition that someone cannot receive an exemption if they already get another specific type of tax exemption in the same year.
  • The amendment removes several lines without providing clear context or replacement text, which limits full understanding of its impact.

Bill History

  1. 2025-02-10 House

    H COW:H Did not consider for COW

  2. 2025-02-07 House

    H Placed on General File

  3. 2025-02-07 House

    H02 - Appropriations:Recommend Do Pass 6-1-0-0-0

  4. 2025-02-06 House

    :Rerefer to H02 - Appropriations

  5. 2025-02-06 House

    H03 - Revenue:Recommend Amend and Do Pass 7-1-1-0-0

  6. 2025-01-22 House

    H Introduced and Referred to H03 - Revenue

  7. 2025-01-09 House

    H Received for Introduction

  8. 2025-01-08 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
25LSO-0321
2025
STATE OF WYOMING
25LSO-0321
Numbered
2.0

HOUSE BILL NO. HB0130

Homeowner tax exemption-amendments.

Sponsored by: Representative(s) Heiner, Erickson, Haroldson, Kelly, Locke, Lucas, Rodriguez-Williams and Webb and Senator(s) Ide and Pearson

A BILL

for

AN ACT relating to taxation; establishing a homeowner property tax exemption; providing a sunset date; requiring rulemaking; repealing prior appropriations and reverting funds to the general fund; providing an appropriation; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 39
‑
11
‑
105(a) by creating a new paragraph (xlvi) and 39
‑
13
‑
102(k) are amended to read:

39
‑
11
‑
105.

Exemptions.

(a)

The following property is exempt from property taxation:

(xlvi)

A portion of a single family residential property used as a primary residence as provided in this paragraph. The following shall apply to this exemption:

(A)

The amount of the exemption under this paragraph shall be fifty percent (50%) of the fair market value of a single family residential property that is used as a primary residence, provided that the exemption shall only apply to the first two hundred thousand dollars ($200,000.00) of the fair market value of the single family residential property;

(B)

As used in this paragraph:

(I)

"Primary residence" means a single family residential property where the person claiming the exemption actually resides for not less than eight (8) months of the year. If the person claiming the exemption or a member of the person's immediate family is an active duty member of the armed forces and service in the armed forces is the reason that the person cannot meet the eight (8) month requirement specified in this subdivision, the person shall qualify for the exemption as long as the single family residential property is the legal domicile of the applicable member of the armed forces;

(II)

"Single family residential property" means a structure intended for human habitation, including a house, modular home, mobile home, townhouse or condominium that is a privately owned single family dwelling unit.

(C)

The county treasurer for each county shall keep accurate records of the reduction in tax revenues caused by the exemption provided by this paragraph for the county and for each governmental entity for which notification is made pursuant to W.S. 39‑13‑104(k) and shall report that information to the department. The department shall compile and verify the information received from each county and shall verify any reductions in the distribution of mill levies to the school foundation program account under W.S. 21
‑
13
‑
303. Subject to appropriation of funds by the legislature, the department shall distribute verified amounts to each county treasurer for distribution as provided in W.S. 39‑13‑111 in an amount necessary to fully compensate each government entity for the reduction in tax revenues resulting from the exemption in this paragraph. If the amount available under this subparagraph is insufficient to fully compensate each government entity for the reduction in tax revenues, the department shall distribute funds to each government entity on a pro rata basis;

(D)

A person applying for an exemption under this paragraph shall provide all information as required by rule of the department and on a form approved by the department. The department may by rule allow a claimant to confirm qualification for the exemption in subsequent years by contacting the assessor's office by telephone, mail or other communication method;

(E)

The exemption under this paragraph shall not apply for tax year 2027 and thereafter.

39
‑
13
‑
102.

Administration; confidentiality.

(k)

On or before September 1, county assessors shall certify the exemptions granted pursuant to W.S. 39
‑
11
‑
105(a)(xxiv)
and (xlvi)
to the department. On or before October 1 the state treasurer out of funds appropriated for that purpose shall reimburse each county treasurer for the amount of taxes which would have been collected if the property was not exempt. The county treasurer shall distribute the revenue to each governmental entity in the actual amount of taxes lost due to the exemption.

Section 2.

The exemption provided by this act shall first apply to the tax year beginning January 1, 2025.

Section 3.

(a)

2022 Wyoming Session Laws, Chapter 51, Section 321 as amended by 2023 Wyoming Session Laws, Chapter 94, Section 321 and further amended by 2024 Wyoming Session Laws, Chapter 118, Section 318, 2022 Wyoming Session Laws, Chapter 51, Section 325 as amended by 2023 Wyoming Session Laws, Chapter 94, Section 323 and further amended by 2024 Wyoming Session Laws, Chapter 118, Section 318 and 2024 Wyoming Session Laws, Chapter 118, Section 323 are repealed.

(b)

Nothing in this section shall be construed to impair existing expenditures, awards, agreements, contracts or other obligations executed prior to the effective date of this section.

(c)

Notwithstanding W.S. 9-2-1008, 9-2-1012(e) and 9
‑
4
‑
207, all unobligated funds that are reverted due to the appropriations that are repealed in subsection (a) of this section shall be credited to the general fund regardless of the original source of the appropriation.

Section 4.

There is appropriated one hundred seventy
‑
six million dollars ($176,000,000.00) from the general fund to the department of revenue for the purposes of providing reimbursement to government entities as provided in W.S. 39
‑
11
‑
105(a)(xlvi)(C) for losses in revenue resulting from the homeowner tax exemption as created by section 1 of this act. This appropriation shall be for the period beginning with the effective date of this act and ending June 30, 2027. This appropriation shall not be transferred or expended for any other purpose and any unexpended, unobligated funds remaining from this appropriation shall revert as provided by law on June 30, 2027. It is the intent of the legislature that this appropriation not be included in the department's standard budget for the immediately succeeding fiscal biennium.

Section 5
.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

1
HB0130